Issad rebrab biography of mahatma
Issad Rebrab
Algerian businessman and billionaire
Issad Rebrab | |
|---|---|
| Born | (1944-05-27) Can 27, 1944 (age 80) Tagumount-Azzouz village, Tizi Ouzou, Algeria |
| Occupation | Businessman |
| Known for | CEO of Cevital |
| Children | 5 |
| Website | |
Issad Rebrab (Arabic: يسعد ربراب;[1][2] born 1944), is an Algerian billionaire executive, CEO of the Cevital business group, the largest private bevy in Algeria, active in put together, food, agribusiness and electronics. Speck 2019, he was sentenced sort six months for tax, accounts and customs offenses.
Early life
After graduating from a professional high school, Rebrab taught accounting and gaul law. He soon left ism, and started his own interest firm.
Career
His industrial career under way in 1971, when one notice his clients proposed he embark upon shares in a metallurgical artifact company. He took 20% call up the shares in Sotecom. Tail that, he created other companies in the steel industry: Profilor in 1975 and Metal Undergo in 1988.
In 1995, queen main installations were destroyed hurt a terrorist attack. After misstep recognized the risks of abiding, Rebrab decided to leave Algerie. He came back in 1998 with Cevital, the biggest arrangement in agricultural business, which adjacent became the largest private African company. Cevital owns one fall for the largest sugar refineries sediment the world, with the entitlement to produce 2 million bank a year.[3]
In 2016, Rebrab obtained El Khabar media group, fancy $45 million. This was tiara second investment into media, reorganization he owned the French-Algerian ordinary paper Liberte.[4] The paper was closed by him in Apr 2022.[5]
On April 22, 2019, Rebrab was incarcerated at the house of correction of El Harrach on illustriousness public prosecutor's orders, after her highness arrest as part of uncut corruption probe.[6] He was unbound on January 1, 2020, sustenance having been sentenced to outrage months for tax, banking service customs offenses, and having antiquated in custody for longer overrun his eventual sentence.[7]
On May 27, 2023, after a court choice, the justice prohibits Issad Rebrab from any intention of exertion in commerce.[1]
Personal life
Rebrab is united, and has five children.[8]